LianLian Pay

About

Lianlian Pay is a cross-border payment solution provider.

Hangzhou,Zhejiang,China
101 - 250
https://www.lianlianpay.com/international/

Highlights

Details

Last Funding Type: Funding Round
Last Funding Money Raised: $125M
Industries: Financial Services,Mobile Payments,Payments
Founded date: Aug 7, 2003
Number Of Employee: 101 - 250
Operating Status: Active
Legal Name: Lianlian Yintong Electronic Payment Co., Ltd
Also Known As: 连连支付,Lianlian Zhifu,PIPUP

Founded in 2003, Lianlian Yintong Electronic Payment Co., Ltd (Lianlian Pay) is the fourth largest non-banking third-party payment service provider in China, with a registered capital of RMB325 million. It's parent company is Lianlian Number (连连数字). Lianlian cross-border payment now supports settlement of 19 currencies and enjoys direct connection and comprehensive service from all the major domestic banks. In 2015, Lianlian Pay became one of the first partners of China (Hangzhou) Cross-border E-commerce Comprehensive Pilot Area (the first national-level cross-border e-commerce pilot zone approved by China's State Council).

Funding Rounds

Number of Funding Rounds

Total Funding Amount

2

$125M ¥1B

LianLian Pay has raised a total of $125M ¥1B in funding over 2 rounds. Their latest funding was raised on Sep 3, 2018 from a Series Unknown round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Sep 3, 2018	Series Unknown	¥1B	2	Boyu Capital Sequoia Capital China	—	Detail
Jan 18, 2012	Funding Round	$125M	1	American Express	—	Detail

Investments

Number of Investments

Number of Lead Investments

4

1

LianLian Pay has made 4 investments. Their most recent investment was on Oct 19, 2022, when ContentBot raised 0.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Oct 19, 2022 ContentBot	Corporate Round	—		Yes
Jan 11, 2022 IppoPay	Seed	$2.10M	Financial Services	—
Dec 15, 2020 BiteSpeed	Seed	$275K	E-Commerce	—
Jun 2, 2020 Vahak	Seed	—	Apps	—